Are you a part time employee getting a mortgage? Matt Padgett of Keystone Mortgage here in Knoxville, TN often gets asked how he can help a part time employee who is getting a mortgage. All you part-time workers out there, very important when it comes a mortgage with part time employment, we must have a two year…
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Hi I’m Matt Padgett with Keystone Mortgage in Knoxville, TN. The question, “What should you bring to your mortgage closing?” gets asked often. So today is your day of closing, what should you expect? You should expect to bring a cashier’s check to the closing if you have to bring money. It can also be…
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Matt Padgett of Keystone Mortgage in Knoxville, TN often gets asked about the process of resubmission of your loan file to underwriting. In this video he shares some key nuggets of information. So you’ve given us all of the additional information the underwriter has asked for. We’ve got your appraisal back. Now we going to…
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Matt Padgett with Keystone Mortgage answers the question, “What additional items would an underwriter want to see?” The underwriter may have additional items after you have been through underwriting, what kind of items should you expect that the underwriter will have questions on? Some of those items may be: updated bank statements updated pay stubs verified…
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Hi! I’m Matt Padgett from Keystone Mortgage here. So you’ve signed your loan package. You’ve given us all the documentation we need. Now what? What we’re gonna do is we’re gonna take all that information. We’re gonna stack it together. We’re gonna give it to our underwriter. Our underwriter is going to review this file. We…
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Matt Padgett here with Keystone Mortgage in Knoxville, TN. There are a lot of questions out there on getting a VA home loan. As Many of you know we’re the local VA homes for heroes lender. We’re seeing a lot of VA loans recently. For all of you VA borrowers out there, please have your…
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Hi, this is Matt of Keystone Mortgage. Interested in how to get a faster loan process? I want to give you two quick tips on the fastest way to get your file through underwriting. 1. Number one is to give us all the information upfront that we ask for. 2. When underwriting comes back with…
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If you’re looking to potentially buy a condo/condominium, you’ll want to give us a call so that we can talk through the details of condominium financing for the different loan types. If you’re getting a government loan VA, FHA, USDA, you will definitely have to have the condo approved through agencies. We can tell you…
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Do you have Student Loan Debt? Are you trying to get a conventional loan for your new house? I’m Matt Padgett with Keystone Mortgage. For all of you out there who have student loan debt. It is very important if it’s not showing up on your credit report. If it’s deferred and not showing a…
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What is Earnest Money? Hi, Matt Padgett with Keystone Mortgage here. Today, I want to talk about earnest money. Earnest money is good faith money you give when you’re making an offer or purchase contract. Earnest money should always be written out of your primary checking account so there is a good paper trail for…
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